Funding you earn now, next payment 11:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.016%
Price spread now: Lighter against ApeX Omni−0.072%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$270.268% of the position
Funding, last 7 days−0.132%−$13 on $10k
+Price spread, last 4 days (all we have)−0.202%−$20 · spread now −0.072%, 7d avg −0.027%
=Together, before fees−0.334%+ Points / potential airdropLighter: Season 3 · farm board−$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.045% cheaper against ApeX Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.027%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SPCXUSDT | 152.76 | 0.0100 | pay 0.0013% / 1h | 54m 52s | $58K | $271K | 50x |
| Short | Lighter SPCX | 152.65 | 0.0032 | get 0.0004% / 1h | 54m 52s | $1.6M | $7.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14.28
- Price spread: −0.072% → −0.027%
- −$4.49
- Slippage, 4 orders
- −$16.83
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$45.6
- Costs to cover
- 0.268%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 55 min ago; Lighter: live order book, 7 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 55 min ago | 7.53 bp | 12.5 bp −$13 | 35.8 bp −$358 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 0.65 bp | 1.1 bp −$1 | 1.8 bp −$18 | 16.6 bp −$1,663 | doesn't fit |
SPCX on 38 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX SPCX/USD [ETH-USDC] | L −0.0187% / S +0.0435% | 1h | 152.63 | −0.082% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0058% | 8h | 152.76 | 0.000% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.74 | −0.013% | $30.1M | $43.4M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.70 | −0.039% | $96.1M | $32.5M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.76 | 0.000% | $31.0M | $67.0M | 75x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.72 | −0.026% | $306K | $2.6M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.95 | +0.124% | $8K | $819K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 152.62 | −0.092% | $46K | $1.4M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.77 | +0.007% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0020% | 1h | 152.70 | −0.042% | $7K | $7K | 10x | as long as short |
Show all 38 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SPCX-USD | +0.0030% | 1h | 152.66 | −0.065% | $1.2M | $5.4M | 10x | as long as short |
| Variational Omni SPCX | +0.0031% | 8h | 152.69 | −0.048% | $5.9M | $2.7M | — | as long as short |
| Lighter SPCXshort | +0.0032% | 1h | 152.65 | −0.072% | $1.6M | $7.4M | 20x | |
| Lighter RH SPCX | +0.0032% | 1h | 152.61 | −0.098% | $2.5M | $7.2M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 152.78 | +0.013% | $9K | $28K | 5.5x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.63 | −0.085% | $103K | $294K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.68 | −0.052% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.62 | −0.092% | $128.4M | $129.8M | 20x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.68 | −0.052% | $1.7M | $101K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.68 | −0.052% | $533K | $366K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.62 | −0.092% | $3.0M | $2.1M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0051% | 8h | 152.68 | −0.052% | $101 | — | 5x | as long as short |
| RISEx SPCX/USDC | +0.0051% | 1h | 152.75 | −0.007% | $351K | $518K | 20x | as long as short |
| Binance SPCXUSDT | +0.0063% | 8h | 152.71 | −0.033% | $251.8M | $1.38B | 75x | as long as short |
| Extended SPCX-USD | +0.0064% | 1h | 152.67 | −0.059% | $724K | $5.4M | 10x | as long as short |
| Bullet SPCX-USD | +0.0065% | 1h | 152.74 | −0.014% | $12K | $191K | 10x | as long as short |
| Nado SPCX-PERP | +0.0086% | 1h | 152.67 | −0.062% | $631K | $806K | 20x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0089% | 8h | 152.73 | −0.020% | $39.5M | $168.6M | 75x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.62 | −0.092% | $169K | $117K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.65 | −0.072% | $13.0M | $6.1M | 20x | as long as short |
| ApeX Omni SPCXUSDTlong | +0.0100% | 1h | 152.76 | long leg | $58K | $271K | 50x | |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.73 | −0.020% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.67 | −0.057% | $89 | — | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0106% | 1h | 152.72 | −0.026% | $488K | $1.1M | 10x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0136% | 1h | 152.85 | +0.059% | $739K | $1.1M | 10x | as long as short |
| edgeX SPCXUSDC | +0.0205% | 4h | 152.68 | −0.050% | $1.7M | $889K | 20x | as long as short |
| Phoenix SPCX | +0.0209% | 1h | 152.73 | −0.020% | $448K | $271K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0396% | 8h | 152.85 | +0.059% | $19.0M | $30.6M | 20x | as long as short |
ApeX Omni SPCXUSDT
Lighter SPCX
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
StandX SPCX-USD
SunX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Variational Omni SPCX
Lighter RH SPCX
Injective SPCX/USDC PERP
tradeXYZ xyz:SPCX
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
RISEx SPCX/USDC
Binance SPCXUSDT
Extended SPCX-USD
Bullet SPCX-USD
OKX SPCX-USDT-SWAP
Pacifica SPCX
KuCoin SPCXUSDTM
Polymarket Perps SPCX-USD
Coinbase International SPCX-PERP-INTX
edgeX SPCXUSDC
Phoenix SPCX
Aster SPCXUSD1